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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Long Valley at 158 Fairview Ave, Long Valley, NJ, 07853 offers $5,000/mo rent that, after a $3,304/mo payment, leaves $189/mo cash flow. Total monthly income is $5,000/mo, and annual cash flow is $2,262/yr on $222,075 cash. Return on cash invested measures 21.08% in year one, and rental yield stands at 8.89% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 110.33% and total cumulative return in cash reaches $245,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,000/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
2.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07853, Long Valley, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,421 (100%) |
| Owner Occupied HU | 3,960 (89.6%) |
| Renter Occupied HU | 359 ( 8.1%) |
| Vacant Housing Units | 102 ( 2.3%) |
| Median Home Value | $650,057 |
| Average Home Value | $737,239 |
Residential
4,354
Single Family
4,354
Multi-Family
0
Businesses
224
Date | Event | Price |
|---|---|---|
| 2024-11-09 | Listed for sale | $675,000 |
| 2022-01-19 | Sold | $565,000 |
| 2021-12-03 | Listed for sale | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $9974.21 | 4.20% | $351,700 | 1.30% |
| 2022-11-19 | $9572.30 | 2.76% | $347,200 | N/A |
| 2021-11-19 | $9315.38 | 2.72% | $347,200 | N/A |
Listed by: Kathryn Barcellona • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3932756
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
